A swarm of FBI agents descended on the home of businesswoman and radio host Barbra Alexander early Thursday, stirring curiosity and questions among neighbors in the upscale Monterey neighborhood.
Residents in the Alma Mesa area reported seeing up to 10 people wearing jackets emblazoned with the FBI logo entering and leaving the house from about 8:30 a.m. until about 3 p.m.
A Monterey police spokesman said the FBI notified the police department in advance of the raid, but said officers were not participating in the federal investigation.
Alexander, who owns mortgage and investment companies in Monterey and hosts the weekly financial radio show "MoneyDots" on KION-AM 1460, said the search and related investigation had no merit and were the result of a complaint from a disgruntled former employee.
She said the ex-employee was a former federal officer who may have ties to the FBI.
A local FBI office did not return a request for information late Thursday....more..
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